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FirstCash Holdings, Inc.（FCFS）与SL GREEN REALTY CORP（SLG）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是SL GREEN REALTY CORP的1.8倍（$501.3M vs $276.5M），FirstCash Holdings, Inc.净利率更高（20.8% vs -36.5%，领先57.3%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 12.4%），过去两年SL GREEN REALTY CORP的营收复合增速更高（21.3% vs 16.9%）
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
SL Green Realty Corp是一家房地产投资信托企业，核心业务为投资纽约市的写字楼与商业中心，被誉为“纽约市最大的写字楼业主”。截至2024年12月31日，公司持有39处物业的权益，总面积达2529.7万平方英尺，资产主要分布在曼哈顿区域。
FCFS vs SLG — 直观对比
营收规模更大
FCFS
是对方的1.8倍
$276.5M
营收增速更快
FCFS
高出8.7%
12.4%
净利率更高
FCFS
高出57.3%
-36.5%
两年增速更快
SLG
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $276.5M |
| 净利润 | $104.2M | $-100.8M |
| 毛利率 | — | — |
| 营业利润率 | 28.5% | 64.2% |
| 净利率 | 20.8% | -36.5% |
| 营收同比 | 21.2% | 12.4% |
| 净利润同比 | 24.7% | -870.0% |
| 每股收益（稀释后） | $2.35 | $-1.49 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FCFSSLG
| Q4 25 | $501.3M | $276.5M | ||
| Q3 25 | $411.0M | $244.8M | ||
| Q2 25 | $385.1M | $241.9M | ||
| Q1 25 | $371.1M | $239.8M | ||
| Q4 24 | $413.7M | $245.9M | ||
| Q3 24 | $363.1M | $229.7M | ||
| Q2 24 | $363.5M | $222.8M | ||
| Q1 24 | $366.8M | $187.9M |
净利润FCFSSLG
| Q4 25 | $104.2M | $-100.8M | ||
| Q3 25 | $82.8M | $28.6M | ||
| Q2 25 | $59.8M | $-7.4M | ||
| Q1 25 | $83.6M | $-17.3M | ||
| Q4 24 | $83.5M | $19.1M | ||
| Q3 24 | $64.8M | $-9.5M | ||
| Q2 24 | $49.1M | $1.6M | ||
| Q1 24 | $61.4M | $16.9M |
营业利润率FCFSSLG
| Q4 25 | 28.5% | 64.2% | ||
| Q3 25 | 27.4% | 85.5% | ||
| Q2 25 | 21.1% | 53.4% | ||
| Q1 25 | 30.0% | 56.7% | ||
| Q4 24 | 26.5% | 59.8% | ||
| Q3 24 | 23.5% | 65.1% | ||
| Q2 24 | 18.2% | 79.2% | ||
| Q1 24 | 22.3% | — |
净利率FCFSSLG
| Q4 25 | 20.8% | -36.5% | ||
| Q3 25 | 20.1% | 11.7% | ||
| Q2 25 | 15.5% | -3.0% | ||
| Q1 25 | 22.5% | -7.2% | ||
| Q4 24 | 20.2% | 7.8% | ||
| Q3 24 | 17.9% | -4.2% | ||
| Q2 24 | 13.5% | 0.7% | ||
| Q1 24 | 16.7% | 9.0% |
每股收益（稀释后）FCFSSLG
| Q4 25 | $2.35 | $-1.49 | ||
| Q3 25 | $1.86 | $0.34 | ||
| Q2 25 | $1.34 | $-0.16 | ||
| Q1 25 | $1.87 | $-0.30 | ||
| Q4 24 | $1.86 | $0.13 | ||
| Q3 24 | $1.44 | $-0.21 | ||
| Q2 24 | $1.08 | $-0.04 | ||
| Q1 24 | $1.35 | $0.20 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $125.2M | $155.7M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $3.7B |
| 总资产 | $5.3B | $11.1B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资FCFSSLG
| Q4 25 | $125.2M | $155.7M | ||
| Q3 25 | $130.2M | $187.0M | ||
| Q2 25 | $101.5M | $182.9M | ||
| Q1 25 | $146.0M | $180.1M | ||
| Q4 24 | $175.1M | $184.3M | ||
| Q3 24 | $106.3M | $188.2M | ||
| Q2 24 | $113.7M | $199.5M | ||
| Q1 24 | $135.1M | $196.0M |
总债务FCFSSLG
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.5B | — |
股东权益FCFSSLG
| Q4 25 | $2.3B | $3.7B | ||
| Q3 25 | $2.2B | $3.8B | ||
| Q2 25 | $2.1B | $3.8B | ||
| Q1 25 | $2.1B | $3.8B | ||
| Q4 24 | $2.1B | $4.0B | ||
| Q3 24 | $2.0B | $3.6B | ||
| Q2 24 | $2.0B | $3.7B | ||
| Q1 24 | $2.0B | $3.7B |
总资产FCFSSLG
| Q4 25 | $5.3B | $11.1B | ||
| Q3 25 | $5.2B | $11.1B | ||
| Q2 25 | $4.5B | $11.3B | ||
| Q1 25 | $4.4B | $11.4B | ||
| Q4 24 | $4.5B | $10.5B | ||
| Q3 24 | $4.4B | $10.2B | ||
| Q2 24 | $4.3B | $9.5B | ||
| Q1 24 | $4.2B | $9.8B |
负债/权益比FCFSSLG
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 0.85× | — | ||
| Q1 24 | 0.75× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $206.6M | $82.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FCFSSLG
| Q4 25 | $206.6M | $82.9M | ||
| Q3 25 | $135.8M | $-6.8M | ||
| Q2 25 | $116.9M | $54.5M | ||
| Q1 25 | $126.6M | $6.7M | ||
| Q4 24 | $198.1M | $129.6M | ||
| Q3 24 | $113.1M | $16.7M | ||
| Q2 24 | $106.2M | $79.4M | ||
| Q1 24 | $122.5M | $-24.7M |
现金转化率FCFSSLG
| Q4 25 | 1.98× | — | ||
| Q3 25 | 1.64× | -0.24× | ||
| Q2 25 | 1.95× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 2.37× | 6.77× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | 50.33× | ||
| Q1 24 | 2.00× | -1.46× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
SLG
| Real Estate Segment | $223.1M | 81% |
| Other | $35.9M | 13% |
| Debt And Preferred Equity Segment | $17.4M | 6% |
